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Girls Who Invest

New York, NY · EIN 47-3894644 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Girls Who Invest reported $13.8 million in revenue and $11.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.70 went to program services, $8.02 to management and general costs and $7.28 to fundraising. Its largest source of revenue was contributions and grants: 80.6% of the total. The highest compensation it reported for one person was $529,375 (CHIEF EXECUTIVE OFFICER). 13 people received more than $100,000 in reportable compensation. Revenue rose 171% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.7%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
8.0%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
7.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
80.6%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
15.8%62.6%
Highest reported compensation
Part VII-A, columns D–F
$529,375$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.58%1.26%
People paid over $100,000
Part VII, line 2
136
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.78.1
Independent voting board members
Part VI 1a–1b
16 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.8M expenses · 59.0% of program spending

Summer intensive program (sip): our 4-week academic training at the wharton school of university of pennsylvania, led by top university professors and followed by a 7-week paid, frontline investing internship at one of 130+ leading investment management firms

$1.5M expenses · 15.0% of program spending

Online intensive program (oip): our self-directed, asynchronous educational program, which allows independent learners to master finance and investing fundamentals. A limited subset of this population is also placed in internships

$2.5M expenses · 26.0% of program spending

Alumni career institute: career advisory services, community building, and connections for our alumni at all stages of their careers. All alumni can access exclusive career resources and find other alumni working at their firm on the gwi career portal

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 40.00 hrs/week
$512,125$0$17,250$529,375
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$346,737$0$34,490$381,227
HEAD OF PROGRAMS AND CAREER ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$288,462$0$11,373$299,835
HEAD OF PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$252,039$0$33,791$285,830
DIRECTOR OF RECRUITING AND ADMISSIONS
Highest compensated employee, 40.00 hrs/week
$178,990$0$22,331$201,321
DIRECTOR OF COMMUNICATIONS AND MARKETING
Highest compensated employee, 40.00 hrs/week
$175,025$0$9,178$184,203
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$171,650$0$332$171,982

13 people received more than $100,000 in reportable compensation from Girls Who Invest (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).

7 filings since 2019

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$5.0M$10M$15M$20M2019FY2021FY2022FY2023FY2024FY2025$14M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$14M$12M84.7%$26M$529,375
FY2024 ⓘ$10M$9.1M83.9%$23M$493,200
FY2023 ⓘ$14M$8.0M80.8%$22M$430,687
FY2022 ⓘ$13M$5.5M73.5%$17M$336,532
FY2021 ⓘ$5.0M$3.2M66.5%$9.4M$221,530
FY2020 (9 mo.) ⓘ$766K$2.1M87.3%$7.7M$191,434
2019 ⓘ$5.1M$2.3M83.1%$9.0M$243,946

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 529

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
WHARTON GLOBAL YOUTH PROGRAM
Educational services
$986,243
WALL STREET PREP INC
Educational services
$577,897
WHARTON ONLINE UNIVERSITY
Educational services
$333,884
STARLING STRATEGY
Advisory services
$320,963
THE BOSTON CONSULTING GROUP
Advisory services
$300,000

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

25 private foundations reported grants to Girls Who Invest totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Girls Who Invest's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Girls Who Invest, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in New York

Questions people ask

How much of Girls Who Invest's spending goes to programs?

In the fiscal year ending September 30, 2025, Girls Who Invest reported that 84.7% of its $11.6 million in expenses went to program services, 8.0% to management and general and 7.3% to fundraising (Form 990, Part IX).

How much does Girls Who Invest pay its top executive?

The largest total compensation Girls Who Invest reported for one person in the fiscal year ending September 30, 2025 was $529,375, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Girls Who Invest get its money?

Of $13.8 million in revenue in the fiscal year ending September 30, 2025, 80.6% came from contributions and grants and 15.8% from program service revenue (Form 990, Part VIII).

Is Girls Who Invest a registered charity?

The IRS lists EIN 47-3894644 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632169349300333 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202541649349301174 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422269349301812 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312169349300516 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222239349302557 · read the filing
  • FY2020 (9 mo.): Form 990 for the 9-month short period ending September 30, 2020, object 202102209349300100 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202041979349305264 · read the filing

All filings for EIN 47-3894644: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.